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FHA Will Change How Student Loan Debt Affects Eligibility

Pro Builder

FHA Will Change How Student Loan Debt Affects Eligibility. Mon, 06/28/2021 - 09:41. In order to assist more lower-income homebuyers and close the racial homeownership gap, the Federal Housing Administration (FHA) will change the way it reviews an applicant’s student loan debt. Housing Policy + Finance. cbroderick.

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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Tue, 04/06/2021 - 09:13. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. A 2019 survey by Zillow found 39% of potential buyers said student debt delayed their homebuying plans.

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How Down Payment Loans Affect the Housing Market

Pro Builder

Fri, 10/15/2021 - 09:43. Many first time buyers depend on mortgage loans financed by the Federal Housing Administration, whereas sellers in a tight market are looking for home shoppers with the “highest down payment, a near perfect credit score, and the ability to outbid others,” according to Zonda Chief Economist Ali Wolf. .

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . FINANCIAL RATIOS: DEBT . Debt Ratio . Debt Ratio measures the extent of a company’s leverage. It can be used to determine the proportion of a company’s assets that are financed by debt.

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Where Were the Homeownership Gains?

Pro Builder

Wed, 10/13/2021 - 10:16. The Fed’s Survey of Consumer Finance also found that overall, 42% of households had home mortgage debt compared with 37% with auto loan debt. . The Fed’s Survey of Consumer Finance also found that overall, 42% of households had home mortgage debt compared with 37% with auto loan debt. .

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ReportL 2020 Sees Dip in Tall Building Completions

Construction Junkie

The report states that China has reduced tall and supertall building projects in order to reduce their debt and they have also created several public policies against the “needless production of exceedingly tall buildings.” 14 to 30 of those completions are expected to be supertall buildings.

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NAHB Chairman's Letter: Americans Want Action on Housing Affordability

Pro Builder

Chuck Fowke, NAHB 2021 Chairman. Support to strengthen the nation’s housing infrastructure remained strong, even if such spending added to the national debt, with 64% in favor. Housing Policy + Finance. Morning Consult is a survey research group based in Washington, D.C. Polling results can be found at nahbhousingportal.org.

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